Termination of Chi-X TraCRs

On 18 November 2021, Deutsche Access Investments Limited (DAIL) announced it will discontinue its Chi-X TraCR offering and terminate all Series of Chi-X TraCRs on 21 February 2022.

What existing holders need to do?

If you currently hold Chi-X TraCRs, you have three choices leading up to the termination date:

1. Sell your Chi-X TraCRs on-market anytime up to 21 February 2022. Market makers are expected to continue providing buy/sell spreads as per current arrangements.

   DAIL will not charge you a fee when you sell TraCRs on the Chi-X Market. Standard brokerage fees apply to all trades.

2. Prior to the close of market on 16 February 2022, submit a cancellation request directly to the Registrar to convert your Chi-X TraCRs to the underlying US share. A US brokerage account will be required. Your account/custodian details will need to be provided to Link Market Services.

3. Do nothing – After the termination date, DAIL will arrange for the sale of the underlying US shares, deduct any applicable tax, convert to AUD and pay the amount to you.

   Transaction costs will be incurred by DAIL in the process and be reflected in the final proceeds received. Westpac Share Trading will not charge you brokerage.

Further details

For information on why DAIL made the decision to discontinue its Chi-X TraCR offering, and what this means for investors, you can view DAIL’s announcement.

Should you have any questions please contact the TraCR Information Line on 1300 551 346 or email tracr@linkmarketservices.com.au.

This content is for information purposes only and should not be considered as a recommendation to buy, sell or hold. No responsibility, or liability, is accepted by the Participant and its related entities for any inaccuracies contained in this notice. Investors should seek professional advice before making any decision based on this information.